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jaganjohn

Trend reversal pattern tutorial on $SPY for intraday traders

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SPDR S&P 500 ETF TRUST (AMEX:SPY)  
jaganjohn  
AMEX:SPY   SPDR S&P 500 ETF TRUST
Trend Analysis Chart Patterns trendreversal SPDR S&P 500 ETF (SPY) intradaytrade intraday
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trendanalysis chartpattern trendreversal spy intradaytrade intraday
SPY
This is for intraday traders. While doing intraday trades watch out for a trend reversal around 10:15-10:30 AM to see market is showing any signs of trend reversal. If you catch this reversal right and keep your losses small, you can earn lot of money in a short period of time.
You can get entries on a shorter time frame and keep adding if market keeps moving up or scale out taking profit.

Today's trend reversal indicated by the yellow arrow happened around 10:15 printing a huge green candle.
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